Chad Creech
Short-Term Rental Eligible
$325,0002 bd2 ba1,186 sqft$274 /sqft$2,726 /mo all-in ↓

3191 PARADOX CIRCLE UNIT 401, KISSIMMEE, FL, 34746

Active178 days on marketListed Feb 12, 2026MLS #O6381996

Priced 6% below the KISSIMMEE 34746 medianWaterfrontFully furnishedCondominiumTHE TERRACES AT STOREY LAKE CONDO 3 PH 12

About this home

3191 PARADOX CIRCLE UNIT 401

"BACK ON THE MARKET DUE TO BUYER FINANCING FALLING THROUGH" TURNKEY TOP-FLOOR CORNER UNIT WITH WATER VIEWS & BALCONY IN COVETED STOREY LAKE – FULLY FURNISHED & HIGH-INCOME PRODUCING ***CONSISTENT BOOKING HISTORY!!!*** Don't miss this rare opportunity to own a top-floor corner unit with breathtaking WATER VIEWS in the highly sought-after Storey Lake Resort, one of Kissimmee’s top-rated short-term rental communities. This fully furnished 2-bedroom, 2-bathroom condo is a turnkey investment property with a STRONG RENTAL HISTORY and exceptional earning potential on Airbnb, VRBO, and other platforms. With its prime location just minutes from Disney World, Universal Studios, SeaWorld, and Orlando’s best attractions, this property consistently attracts vacationers looking for a luxury resort experience. This condo offers a private balcony with stunning water views, creating the perfect space to unwind after a long day at the parks. The spacious open floor plan is filled with natural light, and the beautifully designed interiors include themed bedrooms and a custom hand-painted Tangled mural, making it a favorite among families and Disney enthusiasts. The unit is fully furnished and move-in ready, with modern appliances, stylish décor, and everything needed to start generating income immediately. Located in one of the most in-demand vacation rental communities in Kissimmee, this property is zoned for short-term rentals and offers some of the best resort-style amenities, including a LAZY RIVER, multiple pools, water slides, a fitness center, clubhouse, mini golf, and an on-site tiki bar. Storey Lake’s prime location near shopping, dining, and major highways ensures convenience for guests and owners alike, making it a top choice for visitors year-round. Whether you're looking to expand your short-term rental portfolio or want a dream vacation home with incredible income potential, this Storey Lake condo is an unbeatable investment. With its high occupancy rates, five-star guest reviews, and luxury amenities, this property is a proven money-maker in one of Orlando’s top vacation rental communities. Schedule your showing today and make this top-performing short-term rental yours!

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,186

Sqft

0.03 ac

Lot size

2022

Year built

One

Levels

$274

Per sqft

WaterfrontFurnishedPets allowed

Inside

FlooringTile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Microwave · Range · Refrigerator · Washer
InteriorEating Space In Kitchen · In Wall Pest System · Kitchen/Family Room Combo · Open Floorplan · Stone Counters · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryOther
CoolingCentral Air
HeatingCentral · Electric · Exhaust Fan · Heat Pump
FurnishedFurnished

Outside & construction

RoofBuilt-Up · Metal · Other
ConstructionBlock · Stucco
FoundationSlab
FacesSoutheast
ExteriorBalcony · Rain Gutters · Sidewalk

Community & fees

Taxes (2024)$6,106/yr
PetsYes
CommunityCanal Front · Dock · Water Access · Clubhouse · Community Mailbox · Fitness Center · Gated Community - Guard · Park · Playground · Pool · Sidewalks

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Connected · Electricity Connected · Phone Available · Public · Sewer Connected · Underground Utilities · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$2,726 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,913
FHA mortgage insurance (est.)$144
Property tax — 2024 actual bill$509
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $11,375Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $11,375
Interest rate6.00%
Loan term

Estimated payment

$2,726/mo

Principal & interest$1,913
FHA mortgage insurance (est.)$144
Property taxes (actual bill)$509
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $325K
$296KedgeAI estimate $315,054 · range $308K$332K$345K

vs edgeAI estimate

+3.2%

$/sqft vs Kissimmee actives

$274 vs $209

Days on market

178 vs 54 typical

Where $274/sqft sits among the 400 Kissimmee actives

79
129
101
46 · this home
15
30
$149–181$181–212$212–243$243–274$274–305$305+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

The investor lens

Two ways this home pays

This home sits inside Storey Lake, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental

Zoned & eligible

Nightly rentalsAllowed
CommunityStorey Lake
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$2,100/mo median

MarketKissimmee
Annual gross at median$25,200
Gross yield on this price7.8%
Homes for rent right now981

Live Kissimmee rental listing data — this home’s rate depends on size, condition and furnishing.

The Kissimmee short-term market

▼ Softening

50%

Occupancy

▼ 32% yr/yr

$296

Avg nightly rate

▲ 15% yr/yr

$35K/yr

Revenue per listing

$148

RevPAR

63 days

Booking lead time

5.5 nights

Avg stay

3

Typical min nights

10,047

Active rentals

▲ 12% supply

Seasonality — monthly occupancy

Peaks at 58% in Feb · bottoms at 38% in Jun

50%
58%
58%
56%
46%
38%
56%
49%
43%
47%
48%
50%
JanFebMarAprMayJunJulAugSepOctNovDec

Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Kissimmee — the projection above is specific to this home’s size.

Where it sits

Inside Storey Lake

Map of 3191 PARADOX CIRCLE UNIT 401 inside its neighborhood boundary

Drive times from this address

Walt Disney World14 min
Universal Orlando19 min
Downtown Orlando25 min
Orlando Int’l Airport (MCO)27 min
Downtown Tampa73 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Storey Lake is a short-term-rental community. See the full guide →

KISSIMMEE 34746 — neighborhood snapshot

Population

57,181

Median age

37.6

Median income

$67,677

Median home value

$328,500

Avg household

3.13

Households w/ children

5,929

For the school run

Osceola County School District

MiddleKissimmee Middle School★★★★
ElementaryFlora Ridge Elementary School★★★★★
HighCelebration High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Kissimmee market

Seller’s marketLeans buyer7.2 months of inventoryBuyer’s market

$365K$359K

Kissimmee median sold, yr/yr

97.3%

Sale-to-list ratio (12 mo)

176 of 400

Kissimmee actives have cut their price

Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 6% below the KISSIMMEE 34746 median. See the full Kissimmee market guide →

Paper trail

This home's history

Feb 12, 2026Listed at $325,000 · 178 days on market since
2022Built · THE TERRACES AT STOREY LAKE CONDO 3 PH 12

Reality check

What actually sold near 3191 PARADOX CIRCLE UNIT 401

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3191 PARADOX CIRCLE UNIT 406Sold · Nov ’25

$300,000

3191 PARADOX CIRCLE UNIT 406 · same community

2 bd · 2 ba · 1,186 sqft · $253/sqft · 310 DOM

3191 PARADOX CIRCLE UNIT 205Sold · Jun ’26

$280,000

3191 PARADOX CIRCLE UNIT 205 · same community

2 bd · 2 ba · 1,126 sqft · $249/sqft · 654 DOM

3191 PARADOX CIRCLE UNIT 108Sold · May ’26

$360,000

3191 PARADOX CIRCLE UNIT 108 · same community

3 bd · 2 ba · 1,329 sqft · $271/sqft · 57 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Chad Creech

Your agent

Chad Creech

President, Commercial and Development Services · CENTURY 21 Edge

Tours, negotiation, and every question about 3191 PARADOX CIRCLE UNIT 401 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 3191 PARADOX CIRCLE UNIT 401 — before you fall in love.

See it in person

Schedule a tour

Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

3191 PARADOX CIRCLE UNIT 401 FAQs

What would the monthly payment be for 3191 PARADOX CIRCLE UNIT 401?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,726/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 3191 PARADOX CIRCLE UNIT 401?+

The most recent tax bill on record (2024) was $6,106. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 3191 PARADOX CIRCLE UNIT 401 be rented short-term?+

Yes — this home sits inside Storey Lake, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

Are pets allowed at 3191 PARADOX CIRCLE UNIT 401?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Kissimmee?+

At $325,000, this home is listed about 14% below the Kissimmee median of $379,000. The market section on this page shows how the area is trending.

Which schools are assigned to 3191 PARADOX CIRCLE UNIT 401?+

Kissimmee Middle School (middle), Flora Ridge Elementary School (elementary), Celebration High School (high) — Osceola County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the KISSIMMEE 34746 market on paper

$325,000 is 6% below the KISSIMMEE 34746 median of $345,450.

02Zoned for nightly rentals

Storey Lake is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.

03Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

04Time on market is leverage

178 days on market against a Kissimmee median of 54 — sellers in this position are usually ready to negotiate.

Listing courtesy of LPT REALTY, LLC · Hector Leon. MLS #O6381996.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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